Natural gas fuels rising electric costs
The three regulated utilities - Public Service of New Hampshire, Unitil and Liberty - have requests for increases in their energy supply charges either pending before the Public Utilities Commission or already approved by the PUC.
PSNH serves about 70 percent of the state and has lost more than 90,000 residential customers to competitive electricity suppliers since those suppliers began offering lower rates more than a year ago.
Liberty, whose franchise territory includes western and southern areas of the state, serves about 6 percent of the retail customers in New Hampshire, while Unitil serves about 11 percent of the state's retail customers in both the Seacoast and Concord areas.
North American is offering 7.59 cents per kwh on a 12-month guarantee, while ENH, another large competitive supplier, is offering 7.89 cents per kwh for the same period. There are 14 registered providers of competitive energy supply, all with varying terms and rates. The regulated utility continues to deliver the electricity, read the meters and manage the billing, no matter who supplies the power.
The energy charge from PSNH includes costs associated with its power plants, so customer migration is a concern among regulators.
As more customers leave PSNH, a shrinking customer base has to support those power plant expenses.
READER COMMENTS: 0
- Christmas spirit: Do you have more than a homeless man? - 1
- The Sony hack: Kim's judgment of Obama - 26
- Obama gets smoked: Castros celebrate in Havana - 35
- On naming the victim: It is Kibby's story now - 0
- After Newtown: A gun rights revival - 39
- Vermont's disaster: An Obamedy of errors - 15
- Jeb takes a dip: First Flavor of the Week - 21
- Asking about marriage: The Census should keep doing it - 3
- All lives matter: Even Al Sharpton says so - 14
READER COMMENTS: 0
- Dave D'Onfrio's Patriots Notebook: Finding a way to win - 0
- Sam Asano's Let's Invent: NoNose gets readers talking like nobody's business - 0
- Know the Law: Your trust can be named beneficiary of an IRA - 0
- Another View -- Bill O'Brien: Ask your state rep. to vote for transparency in the House - 0
- Old friends and a 'homeless angel' make for good stories anytime - 0
- Clooney gets it: Sony attack was not a 'crime' - 0
- New coats warm city kids, firefighters' hearts - 0
- NHIAA Roundup: Martin, Pinkerton top Salem in tournament - 0
- Inmate reported missing from Concord transitional unit - 0
The Sony hack: Kim's judgment of Obama
Tensions boil over after NYC police killings